Page 2 - 718 Billion News Today

Budget has nearly doubled. doubled from roughly $290 billion to $530 billion. and that is not including the cost of the wars in iraq and afghanistan. $530 billion without them. add those in and were spending more than $700 billion on our military and wars. now the defense budget is about to be put on a big diet. the outgoing secretary, leon panetta, has already signed on cutting a trillion from the defense budget. and frankly, a lot of people think we should go even lower. my colleague has put t...

Chart number one, and i love this one. the u.s. spends more than any other nation on defense, by far. but in our budget, in 2011, we spent a total of $718 billion on defense and international security, including $159 billion we spent that year on the wars in iraq and afghanistan. together, that is $718 billion, which is more than we spend on medicare. and by the way, the defense budget you see there doesnt even include veterans benefits. add those in, were spending more on defense and medicaid a...

Defense and international security, including $159 billion we spent that year on the wars in iraq and afghanistan. together, that is $718 billion, which is more than we spend on medicare. and by the way, the defense budget you see there doesnt even include veterans benefits. add those in, were spending more on defense and medicaid and medicare and childrens health insurance combined. speaking of combining things, how much does the u.s. spend on defense relative to the rest of the word? this is -...

Generalities. now, president obama is not interested in taking negotiations further until republicans put a rate increase on the table. and this is where boehner is running into trouble. do you think theyll eventually put a rate increase on the table? >> theyre either going to do that or take us into a very dangerous fiscal situation over the cliff. this is a loosy in the football situation and the president says, im not going to kick again until you show me some serious commitment. and keep in ...

Are they talking about. they wont come clean with the american people on this. its all in these vague generalities. now, president obama is not interested in taking negotiations further until republicans put a rate increase on the table. and this is where boehner is running into trouble. do you think theyll eventually put a rate increase on the table? >> theyre either going to do that or take us into a very dangerous fiscal situation over the cliff.; @&h(lc% this is a lucy in the football situa...

Negotiations further until republicans put a rate increase on the table. and this is where boehner is running into trouble. do you think theyll eventually put a rate increase on the table? >> theyre either going to do that or take us into a very dangerous fiscal situation over the cliff. this is a loosy in the football situation and the president says, im not going to kick again until you show me some serious commitment. and keep in mind, this is the republican leadership that supported the $718...

The supporters of the president obama who are thirsting for what they say is a push back on quote-unquote lies from paul ryan, from mitt romney that they really are salivating for this aggressive push back. does biden need to do that, for example, if the $718 billion at the romney/ryan ticket claims is being stolen, i believe it was their word at one point in time, from medicare given to obama care, does biden, vice president biden have to really like put the hold up, wait a minute, and go in on...

Actual percentage of income combined. romney gave 29% and obama gave 22% and biden gave 1.5%. how will they address taxes in the first debate? >> president obama is going to try to painted mitt romney, his economic plan of wanting to help the 1% trying to play in that occupy wall street mentality that romney only cares about the rich and his friends. romney is going to try to say, i wanted to improve the economy by lowering taxes for everyone, to cut reductions but make eight simpler tax system ...

$718 billion of cost reductions in the ryan budget? president obama -- no, that matters. that matters. thats his integrity. did he do it or not? fred, did he do it or not? tell the people watching us. >> mitt romney is not advocating -- >> no, no, tell the people -- tell the people -- >> i dont know. >> you dont know that? >> id have to look at the record. >> fill him in, andrea. fill him in. fill him in. >> the first ryan budget did have that, the second ryan budget did not. now, of course, he ...

For. he didnt say on medicare, the thing he attacked president obama for, reducing medicare costs by $718 billion, he endorsed and put in his first budget and all those cuts come not from beneficiaries but from providers. lower reimbursements for hospitals and private insurance company. he didnt tell the truth about the auto plant that closed in wisconsin. so when you peeled back the onion from that attractive outer core, youre finding someone who just cant tell the truth because the truth hurts...